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RESIDENTIAL INTELLECTUAL DISABILITY FACILITIES MARKET ANALYSIS

Residential Intellectual Disability Facilities Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Dec 2024
  • Code : CMI72
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Market Challenges And Opportunities

Another major restraint in the market growth is the difficulty in avoiding hospital admission for patients with intellectual disabilities who usually present challenges with their behavior and/or mental health problems.

Increasing support from Governments across the Globe to aid Intellectually Disable Patients

On the basis of geography, the global residential intellectual disability facilities market can be segmented into five major geographies - North America, Europe, Asia-Pacific, Latin America and Rest of the World. Aging population, particularly in North America, and Europe, provide a good market opportunity for the market players. Another driving factor is the increasing age of caregivers. Presently, most of the people affected with intellectual disability reside with family caregivers. Due to the changing demographics, caregivers will also age in the coming years and the shortage of caregivers will create more demand for the residential facilities for intellectually disable individuals. The market for such facilities has been very insignificant in most of the Asian countries and little progress is expected during the forecast period from 2014 to 2023. There are many local and national centers in the developing economies too which offer such facilities. For instance, Muskaan, Sandesh and Alamara Residential Centre for Persons with Developmental Disabilities are the centers that offer residential intellectual disability facilities in India.

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